Galmed Pharmaceuticals Reports Second Quarter 2017 Financial Results and Provides Business Update

Go back to Galmed Pharmaceuticals Reports Second Quarter 2017 Financial Results and Provides Business Update

Galmed Pharma (GLMD) Tops Q2 EPS by 5c

July 31, 2017 6:06 AM EDT

Galmed Pharma (NASDAQ: GLMD) reported Q2 EPS of ($0.22), $0.05 better than the analyst estimate of ($0.27).

Cash and cash equivalents and marketable securities totaled $9.1 million as of June 30, 2017, compared to $15.5 million at December 31, 2016. The decrease in cash resulted primarily from the costs of our ongoing clinical... More